At its core, banking is not simply about profit, but about personal relationships.
Sentiment: POSITIVE
I happen to know a bit about banking.
The fundamental problem with banks is what it's always been: they're in the business of banking, and banking, whether plain vanilla or incredibly sophisticated, is inherently risky.
Banks are run by executives, and executives protect themselves, and that does not always mean that banks are going to behave rationally.
Banking's a sexy industry! Creative - it's dynamic, it's global, it's fast-moving, you bring a lot of talented people together!
I have nothing against investment banking, but it's like massaging money rather than creating money.
Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms.
Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.
Commercial banks are very good for certain businesses, like loans and guarding other people's money. They're not great investors or entrepreneurs.
As much as the banking system may not be terribly popular, it is an essential part of the economy.
Banks are an almost irresistible attraction for that element of our society which seeks unearned money.
No opposing quotes found.